Tangicloud
Review of Tangicloud Software: system overview, features, price and cost information. Get free demos and compare to similar programs.
Overview
About Tangicloud
Tangicloud is a fund accounting software that helps private equity and venture capital firms track the funds’ financial performance, generate reports for investors, and monitor funds’ investments. The platform enables managers to record transactions, track performance, generate financial statements and tax forms, and more.
Administrators can manage multiple funds, investors and portfolios in a unified interface. Additionally, Tangicloud features a dashboard that displays key metrics such as fund performance, cash flow, investor distributions and more.
Tangicloud Screenshots
Tangicloud Features
Features of Tangicloud
Customer Reviews
See why people love Tangicloud
5 Star
33%
4 Star
67%
3 Star
0%
2 Star
0%
1 Star
0%
Nancy R.
Verified UserNon-Profit Organization Management · 201-500 employees
Used daily for less than 2 years
Initial conversion was frustrating ... but I'm actually loving the software now.
Non-Profit Organization Management
- Probably my favorite features are the ease with which to import Journals for posting (i
- e
- Sales Journal, Cash Receipts Journals, Journal Entries, etc
- )
- I love how easy it is to export data
- Another favorite feature is the ability to set up recurring vendor invoices and customer sales invoices
- All of these features are such time savers on day to day entries, and also allows for consistent posting (cuts down on misposts)
- Recently started using the Post/Email feature for customer invoices and Emailing ACH remittance advices on vendor payments
- Love this feature
- Bank reconciliations are a breeze
- I love the Jet reports feature, some reports are still a challenge to create (I find it easier to use templates already set up)
- Customer support has been great at customizing/tweaking some reports and some functions to work better for our needs
- Some of the enhancements have really helped streamline our workload
- The beginning bugs/frustrations have all been taken care of and we (myself and one staff) are actually loving the software now
- We have been able to streamline our day to day operations so much with the functions that I mentioned in this post
- Although some of their reports are very nice to have, I am still disappointed that this system does not provide a Trial Balance in the format that I need to see it
- It does not have a basic trial balance all on one page in a format that CPA's and auditors like to see
- It prints each department on a separate tab of the workbook and it downloads with cells merged, etc
- which makes it time consuming to copy and paste everything onto one sheet to get it the way that I need it
- Right now, I just download all GL entries to Excel and create my own Trial Balance the way that I need to see it
- I do NOT find the software to be user friendly (i
- e
- there is no user guide and not much in the way of on screen help)
- I usually have to contact support each time I want to do something I haven't used before
- or am not sure if it's available
- I prefer to look things up in a manual or help guide
- but I rarely find what I'm looking for in the limited help guide they have online
- I always try to wing it first because I am a hands on do it yourself personality
- but usually end up contacting support to find out what I'm doing wrong
- They really need to establish a good user guide
Sabine M.
Verified UserNon-Profit Organization Management · 11-50 employees
Used daily for more than 2 years
Excellent and comprehensive analysis not only of accounting but reporting data
Already explained
- Possibility for comprehensive analysis of data thanks to the dimension and funds structure
- Forces one to apply a consistent logic
- Reporting formats still require a lot of manual intervention
- Especially on a MAC the reporting is only working based on xls downloads
- Budget still complicated to be added and to be compared to
- Proposal/Grants function not yet set up
- One does need to understand the backbone (administration) of this software in order to ensure that it works correctly
Sharon F.
Verified UserNon-Profit Organization Management · 51-200 employees
Used weekly for more than 2 years
As a Staff Accountant I find Tangicloud easy to use for accounts receivable & payable functions.
Non-Profit Organization Management
- Easy to use for recording/posting donations received and posting EFT's in accounts payable module
- The reverse function is very convenient when you make a mistake on the journal entries
- And I use the history function a lot and sort by the date/document number or description
All journal entries show up on the bank reconcilation under the deposits column whether they are a debit or credit
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